Horological Meandering

EinPA
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There is a comprehensive article

at the Hodinkee website
on this issue .

I will try to link it below but in case that fails, here is the author’s conclusion :……. By now, I hope you share my view that the orange-tipped Lip Paul Newman is the true original, while the all-black is a later and imperfect rendition (likely the result of a combination of service parts and unused components). And it goes much beyond the cosmetic consistency of the orange handset. To me, the true winning points are summed up in the fact that no all-black configuration has ever been found on an original strap, and that all of those were in suspiciously good condition. This may be at least partly explained by the many examples put together over the past years by the current owner of Lip leftover stock, although there is no knowing for sure whether or not he is the sole source of the all-black Lip "Paul Newman."

https://www.hodinkee.com/articles/lip-paul-newman-chronograph-investigation

Also note the sweep hand lacks the orange tip.